Welcome to our dedicated page for Fidelity Natl Information Svcs news (Ticker: FIS), a resource for investors and traders seeking the latest updates and insights on Fidelity Natl Information Svcs stock.
The FIS (Fidelity National Information Services, Inc.) news page on Stock Titan aggregates company announcements, research insights and regulatory disclosures related to this NYSE-listed financial technology provider. FIS describes itself as a global leader in financial technology, offering solutions to financial institutions, businesses and developers across the money lifecycle, including payments, banking, issuer processing, treasury, risk and lending.
Recent news highlights FIS’s focus on AI-enabled financial services and large-scale transaction processing. The company has launched an agentic commerce offering that allows banks to safely and securely conduct commerce with AI agents and card networks, in collaboration with Mastercard and Visa. Other updates cover the completion of FIS’s acquisition of Global Payments’ Issuer Solutions business, the sale of its remaining minority stake in Worldpay, and the positioning of FIS Total Issuing Solutions as a global market leader in credit processing.
Investors and industry followers can also find updates on FIS’s core banking platforms such as HORIZON and Integrated Banking Solution (IBS), enhancements to its Asset Finance solution for auto and equipment lending, and the availability of GETPAID and Treasury Risk Manager Integrity Edition on the Microsoft Marketplace. In addition, FIS regularly publishes research on topics like consumer trust in AI and the role of banks in stablecoin adoption, providing context on how emerging technologies intersect with financial services.
By monitoring this page, readers can track developments in FIS’s product portfolio, strategic transactions, AI initiatives and thought leadership, as well as gain insight into how the company positions itself within the broader financial technology landscape.
FIS announced a regular quarterly dividend of $0.52 per common share, payable on June 23, 2023, to shareholders of record as of the close of business on June 9, 2023. This dividend reflects FIS's ongoing commitment to returning value to its shareholders. As a global leader in financial services technology, FIS operates across various sectors, supporting the movement of commerce with innovative solutions.
FIS (NYSE: FIS), a global leader in financial services technology, will announce its first quarter 2023 financial results on April 27, 2023, before the market opens.
The company will host a live webcast of its earnings conference call starting at 8:00 a.m. (EDT) on the same day. Investors can access the webcast through the Investor Relations section of FIS’ website, with a replay available post-event.
FIS provides innovative technology solutions to financial institutions and businesses globally, facilitating the movement of commerce and enhancing customer experiences. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500 and the Standard & Poor’s 500 Index.
RIBBIT Inc. has appointed Greg Rable as CEO, effective immediately. Rable, a veteran in fintech and predictive data with over 25 years of experience, formerly led FactorTrust. His expertise will guide RIBBIT's strategic direction and operations, enhancing its mission to provide critical bank behavior data for the non-prime credit sector, which constitutes 47% of Americans. Rable will also remain on the Board of Directors. Former CEO Shawn Princell transitions to a growth role focused on partnerships while also continuing on the Board. This leadership change aims to position RIBBIT as a leader in predictive data for lenders.
In 2022, account-to-account (A2A) payments reached
GoDaddy and Worldpay from FIS have introduced Commerce 360, an all-in-one omnichannel solution aimed at simplifying sales for small retail businesses, both online and offline. This partnership combines GoDaddy's user-friendly business tools with the expertise of Worldpay, the largest payment acquirer. Commerce 360 enables small businesses to accept payments across various channels, including online marketplaces and social media, while providing a custom website and merchant dashboard for easy management. The goal is to empower smaller enterprises with the latest technology to enhance customer experiences.
BetaNXT has appointed Peter Smith as Chief Financial Officer, enhancing its leadership team to focus on operational excellence. Smith brings over seven years of CFO experience, previously at JOFF Fintech Acquisition Corp and Paysafe Group. He will oversee BetaNXT’s global finance function and contribute to M&A activities. The company, backed by Clearlake Capital and Motive Partners, services over 50 million retail accounts and manages $6 trillion in assets, processing more than 35 million transactions daily. Smith expressed enthusiasm for driving growth and innovation in wealth management.
FIS reported a 1% revenue growth for Q4 2022, totaling approximately $3.7 billion. However, it faced significant challenges, including a non-cash goodwill impairment charge of $17.6 billion linked to its Merchant Solutions unit, resulting in a diluted EPS of $(29.28). Adjusted EPS decreased 11% to $1.71. Full-year revenue increased 5% to $14.5 billion, with an adjusted EPS of $6.65, a 2% increase. The company plans a tax-free spin-off of its Merchant Solutions business and aims to enhance efficiencies through its Enterprise Transformation Program, targeting $1.25 billion in cash savings by 2024.
FIS has announced plans for a tax-free spin-off of its Merchant Solutions business, rebranding it as Worldpay. This strategic move aims to boost operational focus, enhance shareholder value, and capitalize on growth opportunities in rapidly evolving markets. With revenue of
FIS, a global leader in financial services technology, announced the change of its earnings release date for Q4 2022 financial results to February 13, 2023, prior to market open. A live webcast of the earnings conference call will commence at 8:30 a.m. (EST) on the same day, accessible via their Investor Relations page. FIS serves a diverse clientele, facilitating commerce through advanced financial technology solutions and is listed on both the Fortune 500 and S&P 500 indices.
FIS (NYSE: FIS) will announce its fourth quarter 2022 financial results on February 15, 2023, before market open. A live webcast of the earnings conference call will begin at 8:30 a.m. EST on the same day, providing insights into the company's performance. Investors can access the webcast through the Investor Relations section on FIS’ website. As a leader in financial services technology, FIS empowers commerce globally through innovative solutions for various industries. The company is part of the Fortune 500 and S&P 500 indices, highlighting its significant presence in the financial sector.